BPRO ETF — Bitwise Proficio Currency Debasement ETF

Bitwise Proficio Currency Debasement ETF (BPRO)

Updated October 16, 2026.

BPRO is an ETF. its expense ratio is 0.96%. Total return is -21.4% over the past 0.7 years, 33.0 points behind SPY at 11.6%.

Bitwise Proficio Currency Debasement ETF is an actively managed, non-diversified ETF that seeks capital appreciation from "currency debasement" — a decline in the value or purchasing power of major currencies, including the U.S. dollar. Its largest positions are physical gold and silver exchange-traded products, gold and silver miners, and short-term Treasury bills. The fund has no established distribution schedule and may appeal to investors seeking a hedge against currency depreciation rather than current income.

BPRO performance versus SPY

Price and return data through 2026-10-16.

Total return is -21.4% over the past 0.7 years, 33.0 points behind SPY at 11.6%.

BPRO key facts

Issuer

Bitwise Investments

Asset type

ETF

Asset class

Equity

Inception date

01/22/2026

Expense ratio

0.96%

Distribution frequency

None

Last close

$19.85 (as of 2026-10-16)

AUM

$98,170,012

Average volume

413.0

Beta

1.4208

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Bitwise Investments; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

BPRO risks and drawbacks

Total return has trailed SPY over the available window.

Who may consider BPRO — and who may not

It is a weaker fit for investors who need monthly cash flow (BPRO does not currently distribute); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on BPRO

• All tickers starting with B

Tagged: Active, Gold, Silver.

Frequently asked questions

More securities from Bitwise Investments.